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owners in china. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it. now, 90% of the wine from here-- that's 9,000 cases-- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods, for goods that are scarce, and for goods that are well made. rather than buying chinese-made products and sending our money over there, they're buying eir ican-made products and .ending their money back here. >> reporter: and the jobs stay here. re.and the jobs stay here. >> reporter: chinese firms, flush with cash, have invested $16.4 billion in the u.s. in the past decade, $1.3 billion in california companies, a record $560 million in just the past year. the chinese are also boosting the golden state's housing recovery. they've bought one out of every ean homes sold in the past year. >> compared to the high-end thiing like in beijing, this is not that expensive, though. r: reporter: di meng is a student at the university of oruthern ca
in china that that without any warning it shatters. this is in shanghai. it's very popular at the mall here. it's got turtles and sharks and 33 tons of glass and water all over the place. amazingly nobody was killed but 16 were hurt. tell us a little bit about why you suppose this happened. does this have anything to do with temperature or how do people explain it? >> i'll never look at an aquarium the same again. this was a ten-inch piece of plate glass that exploded literally. people said there was a crack. all of a sudden after the crash the water rushed out and it sounded like an explosion. what investigators now believe happened here is the tank had very warm water in it. the outside temperature, although this is in a mall, this was the outside-facing glass. you can see there are trees there. this was in the cold part of the mall, kind of the outside exposure. temperatures got down into the 20s. not like i had never gotten into the 20s before but this here with the warm on the one side, the water, the cold on the other side, they believe a fault in the glass, a scratch, obviously somet
's longest high speed rail line is up and running and it's in, where else, china. the 1428 mile line spans more than half the country linking the capital of beijing to the southern chinese bloom city. trains will run at 186 miles per hour. >>> and civil rights icon nelson mandela has been discharged from a south africa hospital. 94-year-old former president will continue treatment at his home. he was hospitalized with a lung infection on december 8th. one week later, he had surgery to remove gallstones. i'm sure everyone's pleased to hear that he's doing well. >> thanks so much for that, lisa. >>> in the wake of the connecticut school shooting, the nr after the wants to put armed volunteers in every american school. the proposal facing heavy criticism. the man in charge is here to defend it. plus how the host of nbc's "meet the press" may have broken washington, d.c. gun laws. it's lots of things. all waking up. ♪ becoming part of the global phenomenon we call the internet of everything. ♪ trees will talk to networks will talk to scientists about climate change. cars will talk to road
. >>> in china the longest high speed railway opens, connects beijing with guangzhou, 1,500 in eight hours, but tickets start at $138, and they're a little pricey for some people and many travelers say it's cheaper and faster to fly. >>> a report just out this morning shows home prices up in october, the biggest annual gain in more than two years. alison kosik joins us from the new york stock exchange. tell us more. >> this is a bigger gain than analysts were expecting. home prices in 20 of the biggest cities in the u.s. went up by 4.3% in october compared to october of last year and as you said it is the biggest increase in more than two years. prices also they've gone up for five months in a row so that's more good news as well as far as the momentum goes. this jives with a lot of the other housing reports that have come in on the positive side talking about home sales, home building, builder confidence, all of those are showing this upward momentum, so yeah, housing is definitely in recovery mode, and it's really helping to boost the entire economy. in fact we saw that with third quarte
and the woman apologized and thought it was public because it was in the news feed. >>> in china the world's longest high-speed railway opens. it's just under 1500 miles. it slashing the time between the two stories from 22 hours to it 8. the tickets starting at $138 are a little pricey for some, and many travelers say it's still cheaper and faster to fly.
, potato with bacon... [ male announcer ] progresso. you gotta taste this soup. gregg: china is unveiling the world's longest high-speed rail train this week. 1500 miles long, it runs from beijing to the south, and the train on this high-speed rail line initially ran 186 miles per hour. can you believe that? cutting between the two cities. china's railway system has a checker ored past, it has been riddled with accidents including the latest crash involving a bullet train which killed 40 people. remember that? july. patti ann: well, anxiety is rising over big tax hikes and spending cuts set to kick in on january 1st. a growing number of lawmakers saying they are skeptical that a deal can be reached in five days to avoid the fiscal cliff, especially with the main sticking point coming down to whether to increase taxes for top earners next year among many other things. byron york, now, of "the washington examiner" joins us to talk about this. good morning, byron. >> good morning, patti ann. patti ann: so we're going to show a full scream of what would happen if -- full screen of what would
china because the dollar will not be worth. that is what is it is a bout. host: on the front page of "the financial times." we also have a tweet. this is what the senate minority leader said yesterday on the floor after his meeting at the white house. [video clip] >> i share the view of the majority leader. we had a good meeting at the white house. we are engaged in discussions, the majority leader and myself a in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. we will be working hard to try to see if we can get there in the next 24 hours. i am hopeful and optimistic. >> we are talking about the senate negotiating a fiscal could deal on -- but one of the stories of in the paper comes from the baltimore sun with the president of in there headline saying the president modestly optimistic. let's see what the thoughts are of the viewers and listeners this morning. pamela from new jersey on the line for democrats. are you optimistic about the fiscal clefts deal? caller:
deadly before the vote with critics fearing an era of islamic rule and fewer personal freedoms. >> china launched this, the longest bullet train line in the world, the first one that left beijing this morning zipping down to guangzhou, about the distance from new york to key west. the trip will take eight hours. >> it would be nice to have that here. >>> american soldiers targeted in a bomb attack overseas. we'll go live to the pentagon after this. but they're here. yes. are you...? there? yes. no. are you them? i'm me. but those rates are for... them. so them are here. yes! you want to run through it again? no, i'm good. you got it? yes. rates for us and them -- now that's progressive. call or click today. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets
kim three seems to can consolidate his power. we are waiting to see if this affects china and their soup harris: you mentioned the evidence that south korea has found that the north will be able to fire at us, at our mainland, possibly come in the next two years. is there anything the south is doing at this point? people are feeling imminent danger. >> the south issued that warning about the capability about the missile tests. there is concern about the region, but it is very difficult to stop anything like that. we have some kind of missile patriots in different types of missiles to try to stop that. but it is very difficult if you have a three stage rocket to be able to bring that down very easily. but we did see before that last test that south korea and japanese and american forces were put on alert. perhaps bring you down and casey came came into their territory. back to you. harris: david pifer reporting live today from bangkok. jon: the fiscal cliff is a sport is a way. looking beyond the deadline, short-term battle will have a long-term political impact. let's talk
's longest high-speed rail line is now officially open. you're going to have to travel to get there, in china. it runs 186 miles from beijing in the north to an economic hub in the south. the trip takes about eight hours. before it took 20 hours to go the same distance. critics say it's too expensive. the cheapest price you're going to pay for a one-way ticket? $138 u.s. really? heather: that is fast though. gregg: that's more expensive than the veazona bridge. heather: is it? gregg: yeah. heather: well, you know, christmas the holiday -- gregg: i've heard about it. [laughter] heather: it's not all about giving or getting gifts, it is about giving back as well. trace gallagher joins us with more on that. hi, trace. >> reporter: hey, heather. therethere are very little good happening in newtown, connecticut, these days, but a gift from a child made a huge difference. his name is 11-year-old cooper carlisle, he's from houston. and after the shooting he convinced his principal to allow his entire school to make cards for each of the 26 victims. and in those cards they filled them with prayers an
to evacuate u.s. military personnel. >>> now to a terrifying scene for shoppers in china. if you are afraid of sharks, you may not want to watch this video. this was an indoor tsunami. a huge shark tank burst, sending broken glass and water crashing into onlookers. more than a dozen people were injured. mostly with minor cuts and bruises. sadly, the sharks did not survive. >> who thought that was a good idea? >>> the economy could suffer a major blow next week if thousands of union dock workers make good on their threat to strike. a walkout would close every port from boston to houston. that means tons of goods would not be able to move in or out. the contract expired back in september. >>> and it is that time of year again when warnings go out to everyone about the dangers of thin ice. case in point, take a look at this from monroe county, michigan. jim swayze was walking his dogs when one of them went out on the ice and fell in. oh, poor guy. his wife called in her cousin, he came out, jumped in the water to help their dog. rescue crews were able to get man and best friend to safety. good
: this is magnified 10s of thousands of times. the risk is that business goes over seas to places like china and they don't have the scutiny and we might get devices that are not safe. >> kelly: these can go to ireland, heather. thank you very much. we showed you a poll that 64 percent of the americans think that teachers need to be armed . arizona is about to make that happen next. >> julia: smokersment new laws against you. and like snow smokingats work. that will clear out the front of this building. ♪ ♪ but we can still help you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh
to handle manufactured goods from china. it's also the largest port on the east coast. now, last year this port handled $208 billion in cargo. we're talking about products like furniture and also apparel. in 2002, we saw a west coast port lockout. estimates suggest that that cost the economy $1 billion a day. and as with the fiscal cliff, there's a political angle with the container cliff as well. business groups are asking president obama to use his emergency powers under taft hartley to prevent a strike. president bush did that back about ten years ago. while a strike will cause major disruptions, there are alternatives for transporting goods, rail and also air are options, but of course those options are not cheap. >> back in november, our members started putting contingency plans into place. the options were either divert containers to west coast ports, bring merchandise in earlier, use canada or mexico, or use air freight. but all of those come at a significant cost as well. >> now, the deadline is 12:01 tomorrow night. and i think it's safe to say that retailers are hoping we co
Search Results 0 to 12 of about 13